probability of foreclosure. Results suggest that the relationship between these loan features and foreclosure rates is much more …

home mortgage market, compared to mortgage markets elsewhere in the world, the prevalence of non-recourse mortgages as … created by foreclosure rules in leading states such as California and Arizona and federal bankruptcy law. It explains how the … than 588,000 strategic walk-away mortgage defaults took place, representing nearly 20% of all foreclosures in 2008. Most of …

excessive number both of foreclosed homes and homes awaiting foreclosure in the shadow housing inventory. Foreclosure prevention … loan modification experience post-2008 yielded four main lessons about the best way to optimize foreclosure prevention …

associated with the liquidation of collateralized debt. Using the mortgage market as a laboratory, we conjecture that lenders …

foreclosure are victimized through a transfer of ownership and theft of equity. The doctrine of equitable mortgage is a legal … the foreclosure, a sale of the property prior to foreclosure, a refinance, or a reverse annuity mortgage. The net benefit … mortgage. The superior sophistication and bargaining power of an acquirer supports comparing the transaction that in fact …

borrower from attending a mortgage closing, a Power of Attorney (POA) empowers a third party to promise that the borrower will … to greater delinquency and foreclosure. POAs are uncorrelated with cash flow shocks but reflect reduced promise …

This paper documents that mortgage market deregulation helps mitigate the risk of population aging by affecting a … fully exposed to mortgage market deregulation increase their probability of purchasing a home and having a child by six … mortgage credit impacts the total number of children in the economy …

Home appraisals are produced for millions of residential mortgage transactions each year, but appraised values are … institutional framework that governs mortgage lending lead to information loss in appraisals (that is, appraisals set equal to the … incidence of mortgage default at loan-to-value boundaries (notches) above which mortgage insurance rates increase. Appraisals …

This paper reviews recent research on mortgage default, focusing on the relationship of this research to the recent … foreclosure crisis. Research on defaults was advanced both theoretically and empirically by the time the crisis began, but … explicitly addressing reverse causality between rising foreclosures and falling house prices. Mortgage defaults were also a key …

This paper reviews recent research on mortgage default, focusing on the relationship of this research to the recent … foreclosure crisis. Research on defaults was advanced both theoretically and empirically by the time the crisis began, but … explicitly addressing reverse causality between rising foreclosures and falling house prices. Mortgage defaults were also a key …